Pennsylvania Small Business Sales Statistics

Updated October 13, 2026

Small businesses sold in the Philadelphia-Camden-Wilmington area for a median of $349,000 in 2025, at an average of 2.61 times cash flow, after a median of 204 days on the market. The figures cover 150 sales reported to the BizBuySell marketplace.

$349,000Median sale price, Philadelphia area, 2025
2.61xAverage cash flow multiple, 2025
204Median days on market, 2025
150Reported closed sales, Philadelphia area, 2025

New York and Philadelphia and Pittsburgh: closed sales in full-year 2025

Every column uses the same period and the same source, so the columns can be compared directly.

MetricNew YorkPhiladelphiaPittsburgh
Closed sales reported47215040
Median sale price$360,000$349,000$701,000
Median asking price$399,450$350,000$770,000
Sale price as share of asking (average)0.910.950.87
Median revenue$763,644$727,359$1,095,562
Revenue multiple (average)0.690.630.75
Median cash flow$200,000$164,860$231,000
Cash flow multiple (average)2.522.612.65
Median days on market159204197

Source: BizBuySell Insight Report data tables. Smaller metro areas have few reported sales, so treat their figures as indicative.

Median sale price, full-year 2025

Median sale price, full-year 2025Pittsburgh $701,000; New York $360,000; Philadelphia $349,000Pittsburgh$701,000New York$360,000Philadelphia$349,000
Source: BizBuySell, FY 2025.

Median days on market, full-year 2025

Median days on market, full-year 2025Philadelphia 204 days; Pittsburgh 197 days; New York 159 daysPhiladelphia204 daysPittsburgh197 daysNew York159 days
Source: BizBuySell, FY 2025.

Average cash flow multiple, full-year 2025

Average cash flow multiple, full-year 2025Pittsburgh 2.65x; Philadelphia 2.61x; New York 2.52xPittsburgh2.65xPhiladelphia2.61xNew York2.52x
Source: BizBuySell, FY 2025. Multiple of cash flow, averaged across reported sales.

Businesses for sale, Q2 2026

These are asking figures for businesses currently listed, not sale results. Do not mix them with the closed-sale table above.

MetricNew YorkPhiladelphiaPittsburgh
Listings3,966847219
Median asking price$450,000$350,000$359,900
Median revenue$800,000$647,939$650,000
Median cash flow$180,000$165,000$162,301
Average asking price to cash flow2.962.793.06

Source: BizBuySell Insight Report data tables.

United States, Q2 2026

National figures for a different period from the tables above. Do not set a figure from the tables above against a US Q2 2026 figure as if they covered the same period.

MetricUnited States, Q2 2026Change noted by the source
Closed sales2,117Down 10% from the prior quarter and from a year earlier
Median sale price$349,250Down 1% year over year
Median revenue$692,087Down 3% year over year
Median cash flow$155,921Down 3% year over year
Average cash flow multiple2.7Up 2% year over year
Median days on marketNot published nationallyService businesses: 155 days

Source: BizBuySell Insight Report, Q2 2026.

Pennsylvania small business context

Pennsylvania had 1,169,008 small businesses in 2022, which is 99.6% of all businesses in the state.

MeasureFigureData year
Small businesses1,169,008 (99.6% of all businesses)2022
Small businesses without employees938,7642022
Employers with 1 to 19 employees200,5742022
Employers with 20 to 499 employees29,6702022
Small business employees2,526,466 (45.2% of state employees)2022
Establishments opened, all businesses34,248March 2023 to March 2024
Establishments closed, all businesses32,610March 2023 to March 2024
Openings by small businesses32,635March 2023 to March 2024
Closings by small businesses30,816March 2023 to March 2024
Net job change, all businesses+49,973March 2023 to March 2024
Net job change, small businesses+46,429 (92.9% of the net change)March 2023 to March 2024
Female-owned businesses415,550 (40.8%)2022
Veteran-owned businesses49,012 (5.0%)2022

Source: SBA Office of Advocacy, Pennsylvania 2025 Small Business Profile. Business counts and owner demographics are Census data. Opening, closing, and job figures are Bureau of Labor Statistics data. Small businesses are firms with fewer than 500 employees.

About this data and its limits

  • All sale price, multiple, and days-on-market figures come from one provider, the BizBuySell marketplace. Sales made by brokers who do not report there, and private sales, are not included.
  • BizBuySell publishes metro-area figures, not statewide totals: for Pennsylvania it lists New York-Northern New Jersey-Long Island, Philadelphia-Camden-Wilmington, Pittsburgh. Metro areas that cross state lines include figures for parts of other states.
  • The tables use different periods: sales are full-year 2025, listings are Q2 2026, SBA business counts are 2022, and SBA job and openings figures run March 2023 to March 2024. Each period is labeled where it appears.
  • Reported sales are a subset of all business sales in the state. Do not divide business counts by the number of reported sales.

To see what drives these numbers for your own business, read our valuation guides or browse industries.

Frequently asked questions

What is the median sale price of a small business in the Philadelphia area?

In full-year 2025, the median sale price of a small business reported in the Philadelphia-Camden-Wilmington area was $349,000, based on 150 reported sales, according to the BizBuySell Insight Report data tables.

How long does it take to sell a small business in the Philadelphia area?

The median days on market for reported Philadelphia-area sales in full-year 2025 was 204.

How does the sale price of a small business in the Philadelphia area compare with its cash flow?

Reported Philadelphia-area sales in full-year 2025 averaged 2.61 times cash flow. Active listings in Q2 2026 were asking an average of 2.79 times cash flow. What any one business is worth depends on its own financials.

How many small businesses are there in Pennsylvania?

The SBA Office of Advocacy counted 1,169,008 small businesses in Pennsylvania in 2022, which is 99.6% of all businesses in the state. Of these, 230,244 had employees.

Sources

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This page is informational. It is not an appraisal, an offer, or a prediction of what any business will sell for. Figures come from the sources listed and may change when those sources are updated.

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